This summer, for the first time in five years, I used Priceline.com (PCLN) to book a hotel room and rental car. Turns out, I am part of a trend. The online travel agency saw an increase in bookings over the summer. Now it forecasts sales in the current quarter rising 28 percent from last year’s fourth quarter. Read the rest of this entry »
Tags: Priceline, shares, stock, summer Posted in Business, Massucci's Take, Priceline | No Comments »
For more than a decade, some smart, successful investors have been saying that Amazon.com (AMZN) wouldn’t succeed, because its business plan was flawed. Meanwhile, the company built its reputation as an online bookseller, added more products, and boosted sales. Read the rest of this entry »
Tags: Amazon, fred moran, shares Posted in Amazon, Business | No Comments »
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